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We're sellers towards 0.97300.

We're sellers towards 0.97300. | 20 September 2022

20 September 2022, EUR/USD

Wave Analysis

During the past few weeks, we've seen price rally intensely to the lowerside and is still showing us signs of continuing much lower. On this chart, I expect nothing but a possible momentum to the lowerside. The anticipated bearish price rally is the continuation of the last impulsive wave (5) to the lowerside and should break below 0.99150 and may likely continue much lower with the next ideal target set around 0.97300 and may breakout much lower.

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We're sellers towards 0.97300.

Bob Stan
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